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South Africa’s credit growth in Dec slows to 6.14% year-on-year


JOHANNESBURG (Reuters) – Growth in private sector credit in South Africa in December slowed to 6.14% year-on-year from 6.60% in the previous month, central bank data showed on Thursday.

Expansion in the broadly defined M3 measure of money supply also slowed, to 6.19% in December from 7.35% in November.

Reporting by Olivia Kumwenda-Mtambo

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